Interest rates measure the price of money. That makes them the world’s ultimate commodity. Money is cheaper now than it has ever been, yet hardly anyone believes that interest rates are going to rise significantly… Read More
Hedging Stock Exposure With VIX Futures
The public stayed on the sideline for most of the recent 127% rise in the stock market. Now that they’re back in and investing again, is it time for caution? There’s a certain level of… Read More
Expensive Oil Is Here to Stay
Remember Peak Oil? It seems so quaint, doesn’t it? The notion that the world might run out of oil is almost laughable in today’s post hydraulic fracturing environment. The fear that the world is running… Read More